2026-06-02 01:31:17
Latest Post
Ashok Ramachandran joins Suzlon as President, India Business
Monarch Surveyors and Engineering Consultants Ltd receives LoA for order worth Rs. 2.02 crore
Cantabil Retail India Ltd opens 4 new showrooms
Sayaji Hotels Ltd enters into Hotel Management Agreement at Tadoba, Chandrapur
Kiaasa Retail Ltd opens 3 new retail outlets
Stock Report
Fino Payments Bank Ltd announces strategic partnership with Ezee.ai
Posted On : 2026-06-01 20:00:35( TIMEZONE : IST )
Fino Payments Bank Limited ("Bank") has entered into a strategic partnership with Ezee.ai to build lending eco-system for seamless Small Finance Bank (SFB) transition.
The Bank today announced a major milestone in its SFB implementation journey by entering into a strategic partnership with Ezee.ai for the deployment of its AI-enabled Loan Origination System (LOS), Business Rules Engine (BRE) and Collections Management Platform.
Speaking on the development, Mr. Ketan Merchant, Interim CEO of the Bank, said: "Our vision is to build a differentiated, technology-led, and asset-light Small Finance Bank that combines innovation with customer-centricity. This partnership with Ezee.ai marks an important milestone in that journey, building our lending capabilities through AI-driven automation and intelligent decision-making. As we prepare for the next phase of growth, technology and digital innovation will remain key enablers in delivering faster, seamless, and inclusive banking experiences to our customers."
Commenting on the partnership, Mr. Rajendra Awasthi, CEO, Ezee.ai, said: "We are delighted to partner with Fino Payments Bank in its transformation journey. Our AI-powered nocode platform will help accelerate digital lending capabilities, improve operational agility, and enable scalable, customer-focused innovation."
The collaboration reinforces the Bank's strategic focus on leveraging advanced digital technologies to build a scalable, differentiated, and future-ready banking franchise. It also supports the Bank's broader objective of expanding credit access across Bharat through a technology-led operating model as it advances its SFB roadmap.
Shares of Fino Payments Bank Limited was last trading in BSE at Rs. 127.55 as compared to the previous close of Rs. 127.80. The total number of shares traded during the day was 8339 in over 231 trades.
The stock hit an intraday high of Rs. 132.00 and intraday low of 125.55. The net turnover during the day was Rs. 1072635.00.
